elements of credit risk management and important to prudential oversight. As illustrated in this paper, valuation feeds into …

credit growth experienced by these countries. We find that, on average, both bank capitalization and lending activities in … Latin America increased after Basel. Consequently, Basel did not seem to lead to an overall credit decline. However, we do … Basel II might cause greater procyclicality of credit. …

This paper analyzes the credit crunch following the recent financial crisis in Korea. Using enterprise-level data, we … find that there were big differences in the magnitude of the credit contraction across different types of firms. In … particular, chaebol (conglomerate)-affiliated firms appeared to have lost the preferential access to credit they enjoyed in the …

This study examines the recent marked slowdown in bank credit to the private sector in Latin America. Based on the …, changes in bank balance sheets are examined to determine whether the credit slowdown is merely a reflection of a slowdown in … recent studies of credit slowdowns in East Asia and Finland, the paper investigates possible causes for the slowdown in three …

-level data for central and eastern Europe and controlling for the feedback effect of credit growth on bank soundness. No evidence … credit booms supervisors need to carefully monitor the soundness of rapidly expanding banks and stand ready to take action to …

a negative shock to banks' capital/assetratio on lending standards, which in turn affect consumer credit, mortgages, and … investment). In addition, our empirical model allows for feedback from spending and income to bank capital adequacy and credit …. Hence, we trace the full credit cycle. An exogenous fall in the bank capital/asset ratio by one percentage point reduces …

. The tendency to underprice systemic liquidity risk and currency-induced credit risk creates vulnerabilities that need …, but few have addressed those arising from currency-induced credit risks. …